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Make profit on Friday's Nonfarm Payrolls


3 November 2021

The main event of this week will take place on November 5 at 12:30 GMT: the Non-farm Payrolls report will be published. The NFP report shows data on the number of people employed in the construction industry and manufacturing in the US. It has a huge impact on the US dollar fluctuations and instruments related to it. Check out the forecast by FreshForex leading analyst:

Leading employment indicators from ISM and ADP point to the release of data on Nonfarm Employment better than consensus, which is favorable for the US dollar. On Friday, consider selling AUDUSD and buying USDTRY, USDZAR.

For more confidence, connect Cashback, and you will be able to return funds from each lot of your trades. 

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